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Ann: Mount Morgan Project Update and Option Extension, page-5

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wadsworth

1,655 Posts.

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25/09/17

09:52

Post #: 27430830
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Originally posted by wadsworth ↑

from a positive note there can't be any problem with this option to acquire as they have had to pay Patrick another 200k to extend.

If there was a problem I don't think they would paying the money.

It looks like the demo plant and the EA are connected. It does appear that they are always chasing the better option as it looks like some better tech is being use in Asia.

It does read like the end result will be a game changer and they want to do it right, albeit late than desirable.

I think they are using this to get this absolutely right as remember their plan is to continue with mine rehab as their "thing" going forward.

At least they are still open to the best option for tech and not blindly sailing on to the end. Carbine and GR want to make this absolute winner and some patented processes as well I think.

Waiting waiting
GLTA

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Last edited by wadsworth: 25/09/17

CRB Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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